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Landlord Resources
- Landlord and Tenant – Chapter 504B
- Conveyance Laws – Chapters 507 & 513
- Handbook (Guide) – Landlords and Tenants – Rights and Responsibilities
A Minnesota rent-to-own agreement is a lease between a landlord and tenant that includes an addendum for the tenant to purchase the property. This arrangement involves the tenant paying rent during a fixed lease period, with a portion of rent often going towards a down payment. The length of the lease, rent amount, option fee, and option term are key terms in a rent-to-own agreement.
A Minnesota rent-to-own agreement is a lease between a landlord and tenant that includes an addendum for the tenant to purchase the property. This arrangement involves the tenant paying rent during a fixed lease period, with a portion of rent often going towards a down payment. The length of the lease, rent amount, option fee, and option term are key terms in a rent-to-own agreement.
A Minnesota rent-to-own agreement is a lease between a landlord and tenant that includes an addendum for the tenant to purchase the property. This arrangement involves the tenant paying rent during a fixed lease period, with a portion of rent often going towards a down payment. The length of the lease, rent amount, option fee, and option term are key terms in a rent-to-own agreement.